Video & Transcript Research : 'intangible assets'
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AL
Transcript Highlights:
- ownership interest in the<02:23:51.760>
camp <02:23:52.160>operations, <02:23:53.120>assets - ,<02:23:53.920>
personal the camp operations, assets, personal the camp operations, assets - 2, including the provision of staff, regardless of any ownership interest in the camp operations, assets
- c><03:34:05.200>
by <03:34:05.439>the <03:34:05.840>special <03:34:06.319>assets - diminished by the by the special assets diminished by the by the special assets received<03:34:07.840
Summary:
The meeting included a Senate recognition ceremony honoring the Winona High School boys basketball team for winning the 2026 Alabama High School Athletic Association 5A state championship. A resolution was read commending the team for its 101-40 victory over Silicag, noting the team’s record-setting performance, Brendan Davis’s MVP honor, the contributions of other players, and Coach Cedric Lane’s leadership. Senators and the lieutenant governor praised the players’ sportsmanship, the school community, and the team’s historic season, and copies of the resolution were presented to the team, coaches, and administrators. Several guests and school representatives also spoke briefly, including the coach and principal, who thanked the Senate and noted the team’s success and the principal’s retirement after 35 years.
After the recognition, the Senate returned to session and adopted the Committee on Rules report setting the special order calendar. The calendar included Senate Bill 99 on the Ten Commandments, Senate Bill 298 on Class 3 municipalities, House Bill 381 on camp safety, Senate Bill 370 on tax increment districts, Senate Bill 363 on the Department of Economic and Community Affairs, House Bill 466 on firefighters, House Bill 95 on elections, House Bill 259 on stablecoin, and Senate Bill 342 on education.
The chamber then took up SB 99, sponsored by Senators Kelly and Sessions. Senator Kelly described the bill as requiring local school boards to display the Ten Commandments, together with founding documents such as the Declaration of Independence, Constitution, Bill of Rights, and Alabama Constitution preamble, in certain history classrooms and common areas for grades five through 12, using donated displays and funds when available. He said the bill was intended as a historical and educational measure, not religious instruction, and emphasized the inclusion of a disclaimer stating Alabama is not establishing a religion. After extended debate and a petition to close debate from the Rules Committee, the Senate voted on the bill by long roll and passed SB 99, with the recorded vote announced as 30 yeas and 4 nays.
KY
Kentucky 2026 Regular Session
Senate Standing Committee on Appropriation and Revenue. (1-21-26)
Transcript Highlights:
- If those assets are not accessible, the outcome is simple.
- :48.240>
these <00:04:48.639>early physical asset that gives these early physical asset - So when you have these shared infrastructure assets, that really changes the equation.
- So what you have to do is have physical assets on site like we do.
- So what you have to do is have physical assets on site like we do.
Keywords:
Meeting Start 00:00:00
Roll Call 00:00:08
Infrastructure Grant Program 00:00:45
SB 76 Discussion 00:25:50
SB 76 Vote 00:31:55, 958, all
Summary:
The committee met without a quorum at first, so it began with an informational presentation from Dr. Kristen Goodell, executive director of LifeKY, about innovation infrastructure and a proposed grant program to support life sciences and other startup facilities. She argued that Kentucky’s research investments only translate into jobs and companies if startups have access to physical lab and equipment space, and said shared facilities can serve many companies over time. Goodell described LifeKY’s Northern Kentucky facility as a proof of concept, noting it has attracted companies from other states and Japan, secured a Thermo Fisher Scientific partnership, and could be replicated elsewhere in the Commonwealth. Members asked about university pipelines, local talent development, sustainability, and how the grant program would measure return on investment; Goodell emphasized public-private partnerships, earned revenue, philanthropy, internships, and STEM programming as part of the model.
The committee then took up Senate Bill 76, sponsored by Senator Bledsoe, which would limit school board occupational license tax increases by raising the population threshold for such increases from 300,000 to 500,000. Bledsoe said the bill was intended to respond to Fayette County’s recent tax controversy, restore public trust, and provide stability for employees, employers, and the school system. He argued that occupational taxes affect many commuters who work in Fayette County but live elsewhere, and said the measure would give time for community buy-in before any future increase. Supportive comments came from Senator Nunn and others, while Senator Boswell asked about the tax rate and cautioned against local tax increases offsetting state income tax reductions.
After discussion, the committee called the roll on SB 76. The bill advanced on a roll-call vote, with Senator Armstrong explaining a no vote because he did not want to take tools away from local government and preferred local control. The transcript indicates the measure moved forward from committee after the vote.
OK
Transcript Highlights:
- I believe it's an asset for not only this generation but all future Oklahomans.
- Because at the end of the day, the TET trust fund Is a public asset of the state of Oklahomans.
- It's an asset for the entire state. We must ensure that we protect its long-term viability.
- Do you think state assets should have accountability to voters?
- It is an asset in perpetuity for future generations of Oklahomans. Thank you for the question.
NH
New Hampshire 2026 Regular Session
Fiscal Committee (02/20/2026)
Transcript Highlights:
- <00:27:48.000>
We assets. We validated the pricing. We assets. We validated the pricing. - validated the existence of those assets. validated the existence of those assets.
- The plans are about right now over $32 billion in assets under management.
- right now over 32 billion<00:30:03.360>
dollars <00:30:04.159>and <00:30:04.399>assets - <00:30:04.880>
under billion dollars and assets under billion dollars and assets under management
Summary:
The Fiscal Committee met on February 20, 2026, first approving the minutes and then adopting the consent calendar as amended, with item 26045 removed for separate consideration. The committee then heard item 26045 from the Department of Health and Human Services on the Real Health Transformation Grant for Go North. HHS explained that the first-year award is $204 million, with most funds passed through to Go North and only limited administrative and audit costs retained by HHS. Members asked about staffing, procurement, the program’s spending plan, and whether future grant amounts would be fixed. HHS said Go North will administer the grants, staffing is expected to be about 20 positions, procurements will be competitive, and future awards will depend on federal review of performance and spending. The commissioner said the money is intended to create transformative changes that must be sustainable after the grant period. The committee then approved the item.
The committee next took up regular calendar item 26041 from HHS and adopted it without discussion. It also approved two adjusted items on tab 11, FIS26028 and FIS26029. Item 26027 from the Department of Transportation was adopted as well. Item 26034 from the Department of Corrections was withdrawn, and members noted that any request for new overtime money would be closely scrutinized, especially given the tight budget and the need to explain how existing salary funds were being used. Committee staff said they would follow up with Corrections on vacancy rates, available funds, and other class lines and provide answers to the committee.
The committee then received audit presentations on the state’s college savings plans, including the Unique College Investing Plan and the Fidelity Advisor 529 Plan. Auditors reported clean opinions, no material weaknesses, no audit adjustments, and no unadjusted items requiring reporting. The State Treasurer said the plans are performing well, now total more than $32 billion in assets under management, and are expected to generate about $20 million in revenue this year, with the proceeds supporting scholarship programs for low-income students. The committee placed the audits on file and released them in the usual manner. In other business, members set the next Fiscal Committee meeting for Friday, March 20, 2026, at 11:00 a.m., and then adjourned.
AZ
Transcript Highlights:
- That means physical gold held in secure custody is one of the few financial assets with no counterparty
- standards that recently went into effect, reclassifying physical gold as the highest form of reserve asset
- Treasuries may not always be the safest asset.
- We would have access to the asset, not just the value of the asset.
Keywords:
bullion, depository, legal tender, Arizona, finances, precious metals, financial transactions, investment, state treasurer, gold bullion, treasury management, financial regulations, 1182, all
Summary:
The Committee on Regulatory Oversight heard two bills from Representative Lisa Fink related to gold and silver. HB 2123 would create an Arizona Bullion Depository under the State Treasurer, allow a third-party administrator and vault services, require insurance for deposits, and recognize gold and silver as legal tender. Fink and a supporter testified that the bill would make bullion more practical for everyday use through a debit-card-style system, provide an inflation hedge, and expand access beyond wealthy investors. During committee discussion, one member voted present because of the bill’s rulemaking language, while others voted yes; the bill received a do pass recommendation by a 4-0-1 vote.
The committee then considered HB 2140, which would allow state and local governments to store bullion in the depository, authorize the State Treasurer to place up to 10% of state monies in bullion, and require the Department of Insurance and Financial Institutions to adopt rules. Fink argued the bill would diversify state assets and protect against inflation and counterparty risk, citing Utah’s treasurer and constitutional support for gold and silver. A member asked whether the rulemaking provision could be removed, and Fink said she was open to discussing that with the treasurer. With no public testimony, the committee approved HB 2140 on a 4-0-1 vote, and then adjourned.
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 3rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- Those banks have about 450 billion. in assets. We regulate trust companies.
- As I mentioned, we have just over $210 billion in assets.
- Invest in risky assets that we believe would go beyond what we consider our risk threshold.
- So, as a result, we have our assets are divided between different buckets of different asset classes.
- So the bottom line for this is really not the asset mix as much as the...
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-03-26
State Government Finance and Policy
Transcript Highlights:
- asset protection lens. asset protection lens.
- The building is the state's asset and the place for the people.
- The building is the state's asset and the place for the people.
- The building is the state's asset and the place for the people.
- <00:52:41.000>
this you don't use government assets this you don't use government assets this
Keywords:
Melissa Hortman, Mark Hortman, memorial park, state park, working group, Minnesota Historical Society, Capitol Area Architectural and Planning Board, Saint Paul, Department of Natural Resources, Department of Administration, Legislative Coordinating Commission, general fund appropriation, park planning, interpretive services, public engagement, state memorial, land use, natural resources, commemorative legislation, HF4470
MN
Minnesota 2025-2026 Regular Session
House environment, natural resources committee considers HF1425 3/11/25
Transcript Highlights:
- Are these school trust lands in the Boundary Waters an asset for the school trust, or a wedge issue?
- Are these school trust lands in the Boundary Waters an asset for the school trust, or a wedge issue?
- Are these school trust lands in the Boundary Waters an asset for the school trust, or a wedge issue?
- <00:39:16.640>
it it's valuable as a Wilderness asset it it's valuable as a Wilderness asset - is not valuable as a school trust asset is not valuable as a school trust asset that's<00:39:19.480
Summary:
The committee took up HF 1425, which would prohibit the sale of state-owned school trust lands in the Boundary Waters Canoe Area Wilderness to the federal government and instead require a land trade. Representative Skraba argued the federal wilderness law requires an exchange, not a sale, and said the state should trade Boundary Waters school trust lands for federal lands elsewhere, citing potential benefits for logging, mining, and school trust revenue. He said the current proposed sale price was too low and moved to lay the bill over for possible inclusion in a future bill. Later, he withdrew a DE1 amendment and instead moved to re-refer the bill to the Education Finance Committee, but that motion failed.
Testimony was largely opposed to the bill. Aaron Vandal of the Office of School Trust Lands said the exchange option was no longer viable, that the lands have produced no revenue for education for decades, and that selling them is the trust’s last opportunity to generate returns for schoolchildren. Bob Meyer of the DNR supported Vandal’s position and said the agency could not negotiate mineral rights in the way suggested. Aon Clems of the Minnesota Center for Environmental Advocacy and Amanda Hefner of Save the Boundary Waters both opposed HF 1425, though they emphasized different reasons: Clems argued a sale best fulfills the state’s fiduciary duty to maximize long-term returns for education, while Hefner said a sale would harm public education funding, align with the trust’s original purpose, and help consolidate federal ownership in the wilderness.
Members then questioned the valuation and the practical differences between a sale and an exchange. Representative Jacob challenged the low per-acre price and asked about the federal government’s set-aside amount, while Representative Fischer asked how the appraisal was determined. DNR lands and minerals director Joe Henderson explained the valuation came from an independent appraiser, was based on the wilderness restrictions and lack of development potential, and was from a 2020 appraisal that is now being updated. Representative Schultz supported the sale approach and said the state should not transfer the land at such a low price. The committee did not advance the bill to the Education Finance Committee.
CA
MN
Transcript Highlights:
- Our asset preservation request is $3,810,000, with our total there in front of you.
- <00:10:18.680>
preservation is the request our asset preservation is the request our asset - Madam Chair, committee members, our list of asset preservation is a long list.
- Vice Chair Fogelman, um, I see that you have the asset preservation list as $3.8 million, is what was
- The first request is historic sites asset preservation.
CA
California 2025-2026 Regular Session
Assembly Transportation Committee Jun 22nd, 2026
Transportation
Transcript Highlights:
- Management Plan, also known as... ...rather than the Transportation Asset Management Plan, also known
- SB 1250 would add wildlife connectivity to the transportation asset management plan, which would change
- SB 1250 would add wildlife connectivity to the transportation asset management plan, which would change
- for wildlife connectivity. ...but finding ways to improve the condition of a select number of assets
- But I'm not confident that treating connectivity assets like traditional transportation assets is the
MN
Transcript Highlights:
- Uh, the first asset would be 2.5 million acres of school trust lands.
- The other asset of the trust is the $2.3 billion that's actually in the fund itself.
- We do have to retain our core assets. We do have to look for new revenue opportunities.
- We do have to retain our core assets. We do have to look for new revenue opportunities.
- excluding capital gains from asset excluding capital gains from asset appreciation<00:27:12.640>
Bills:
HF3900
Keywords:
permanent school fund, school endowment fund, Minnesota constitutional amendment, school aid, public school funding, State Board of Investment, investment income, distributable amount, school districts, property taxes, income taxes, voter approval, ballot question, constitutional amendment 2026, education finance, fund perpetuity, purchasing power, trust lands, swamp lands, internal improvement land fund
TX
Transcript Highlights:
- face significant challenges exit fees are calculated Not based on the city's actual contributions assets
- We like a reasonable NFO, one that for stranded assets, but does not unfairly lock our citizens into
- CapMetro would simply terminate the contract with courts would be compensated for their stranded assets
- HB 3643 offers a simple. an exit fee based on actual value of assets You literally pay for what you received
- In contrast, Logville Vista has none of those assets.
Keywords:
high-speed rail, Texas Department of Transportation, TxDOT, public-private partnership, comprehensive development agreement, CDA, Interstate 35, I-35 corridor, Dallas, Waco, Austin, San Antonio, intercity passenger rail, rail infrastructure, private entity, transportation infrastructure, rail corridor, passenger rail, infrastructure finance, vehicle registration
MN
Minnesota 2025-2026 Regular Session
Fraud Committee Meeting - 2025-07-08
Fraud Prevention and State Agency Oversight Policy
Transcript Highlights:
- There is an asset limit for people who are 65 or older, and people who are disabled.
- The asset limits are $3,000 for a household of one, $6,000 for a household of two, and $200 for each
- With the required proofs, for example, income and assets, if the individual is subject to an asset limit
- The Asset Verification Service is used to verify certain financial accounts such as checking, savings
- For those that are subject to an asset limit, the Minnesota Department of Health state death records
NM
Transcript Highlights:
- overview, this is an economic development bill which focuses on the use of existing infrastructure assets
- Gallup has some great assets, including I-40.
- To not only be competitive with others in New Mexico and the United States, but to be an asset to the
- We think it would be a great economic development asset for our community. Thank you, Commissioner.
- It's an asset. That is in Farmington. It's an existing asset.
AZ
Transcript Highlights:
- , not income, assets to live the rest of your life off of.
- So before being eligible, you have to look at your assets and income sources combined to determine if
- That's why just adding those factors of assets and income into everything is an important factor.
- , not income, assets to live the rest of your life off of.
- That's why just adding those factors of assets and income into everything is an important factor.
Bills:
SB1015, SB1049, SB1066, SB1081, SB1092, SB1133, SB1134, SB1139, SB1147, SB1148, SB1168, SB1189, SCR1001, SCR1002, SCR1005, SCR1010
Keywords:
gender transition, detransition, healthcare liability, medical malpractice, youth protection, legal action, Arizona law, spousal maintenance, court guidelines, self-sufficiency, financial support, marriage dissolution, child safety, dependency cases, attorney regulation, foster care, legal representation, probation, dangerous crimes, children
Summary:
The Senate Judiciary and Elections Committee heard several bills and took action on multiple measures. SB 1066 would create civil liability for knowingly or recklessly publishing fraudulent scientific research, allowing the Attorney General, county attorneys, and injured parties to sue; the sponsor and supporters argued it would deter research fraud and protect the public, while opponents warned it would chill research and speech. After debate over peer review, fraud standards, and the bill’s scope, the committee voted 4-3 to give SB 1066 a do-pass recommendation. SB 1015 would impose strict personal liability on providers who perform gender transition procedures on minors, including liability for later detransition costs and injuries; supporters framed it as accountability for irreversible treatment on children, while opponents called it discriminatory and likely to function as a backdoor ban. After testimony from the sponsor, medical professionals, detransitioners, and civil liberties advocates, the committee also passed SB 1015 on a 4-3 vote.
The committee then considered SB 1049, which would limit spousal maintenance awards to four years and change the factors courts use in setting support. The sponsor said the bill was intended to curb long-term maintenance and align support with self-sufficiency, while judicial and family-law witnesses explained the existing guideline system, the 2022-2025 court study, and concerns that a hard cap could ignore case-specific circumstances such as disability or housing instability. The committee adopted an amendment setting the duration cap at four years and approved the bill as amended by a 4-2 vote. SB 1189, allowing campaign funds to be used for personal security for candidates and family members, passed unanimously after supporters cited threats against public officials and personal experiences with harassment.
The committee also passed SB 1081, which would prevent a Department of Child Safety attorney from appearing before a judge they had appeared before in the prior five DCS cases; the sponsor said it was meant to reduce familiarity between attorneys and judges, while opponents raised concerns about rural court access and arbitrary limits. SB 1133, which would eliminate the need for a candidate to file a second financial disclosure statement if one had already been filed that year, was amended to add an emergency clause and passed unanimously. The committee then moved to SCR 1001, a referral measure to end early voting at 7 p.m. on the Friday before the general election and require affirmative request for a mail ballot by voters who have provided proof of citizenship; the transcript cuts off as that measure was being introduced.
CA
California 2025-2026 Regular Session
Assembly Budget Committee Jun 11th, 2025
Transcript Highlights:
- He also cited the Medi-Cal asset limit, cuts to the 988 suicide and behavioral health crisis service
- And we also want to thank you for the modification of the Medi-Cal asset limit test.
- And we also want to thank you for the modification of the Medi-Cal asset limit test.
- Thank you very much. ...we want to especially mention the Medi-Cal asset test, the Home Safe and HDAP
- While we are appreciative of maintaining funding for IHSS and the increase in the asset test limit, we
Summary:
The Assembly Budget Committee heard opening remarks on the 2025 Budget Act, which will be amended into AB 101 and SB 101 for floor consideration. Committee leaders described the budget as a difficult compromise shaped by a $12 billion deficit, federal funding uncertainty, wildfire impacts, and rising out-year costs, while emphasizing a balance between compassion and fiscal responsibility. Each budget subcommittee chair then summarized major actions in their areas, including health care, human services, education, climate and transportation, housing and state administration, public safety, and oversight/transparency.
Key policy items included delaying or narrowing some of the Governor’s proposed cuts, especially in Medi-Cal and other safety-net programs; preserving funding for dental care, women’s health, family planning, hospice, long-term care, IHSS, and services for undocumented Californians; and maintaining or expanding child care, foster care, food banks, and CalWORKs-related supports. Education actions included additional Proposition 98 settle-up, reduced deferrals, support for TK-12, teacher recruitment, literacy, mental health, preschool slots, and restored funding for UC and CSU. Other major items included housing and homelessness investments, wildfire and disaster response funding, transit loans and greenhouse gas reduction fund support, Proposition 36 and VOCA-related public safety funding, and oversight measures on federal impacts and state efficiency.
Department of Finance and Legislative Analyst staff said the package makes some of the same savings moves as the May Revision but relies more on internal borrowing and fewer reductions, leaving a smaller reserve than the administration’s plan but still maintaining roughly $11 billion in the rainy day fund. Members from both parties largely supported the package while raising concerns about long-term sustainability, Medi-Cal costs, reserve use, and the need for future revenue and program review. The committee adopted the subcommittee actions by roll call, 18-6, with the roll held open for absent members and additional comments continuing after the vote.
MN
Minnesota 2025 1st Special Session
Committee on Energy, Utilities, Environment and Climate - 03/03/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- But it's about $10.2 million of assets.
- <00:53:07.319>
which <00:53:07.599>is liquidate the assets which is liquidate the assets - we're in we are $10.2 million of assets we're in we are landing<00:53:18.960>
at <00:53:19.079 - I would strongly urge you to require cash assets down to any entity that's going to receive a loan in
- as a backup to the their personal assets as a backup to the loan<01:03:41.599>
I <01:03:41.760
WY
Wyoming 2026 Regular Session
Senate Agriculture, State and Public Lands & Water Resources, February 10, 2026
Agriculture, State and Public Lands & Water Resources
Transcript Highlights:
- <00:15:15.519>
management our world is called asset management our world is called asset management - So asset start planning solutions.
- Um, spatially map all of your assets.
- :24:03.919>
plans already develop asset management plans already develop asset management plans - would agree that having these asset would agree that having these asset management<00:24:18.559>
Keywords:
wastewater, stormwater, infrastructure, environmental quality, public data, data collection, funding, study, water development, irrigation, public works, agricultural supply, municipal water, grazing lands, subleasing, non-owned livestock, state lands, rental fees, agricultural policy, land management
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Banking and Insurance (10-14-25)
Transcript Highlights:
- increasing total assets are obviously increasing substantially.<00:39:58.480>
So <00:39:58.640 - Total assets have decreased substantially because we did lose a large charter.
- /c> assets have decreased substantially assets have decreased substantially because<00:43:11.920>
- <01:25:48.239>
But <01:25:49.040>while its assets to a credit union. - But while its assets to a credit union.
Keywords:
Meeting Start 00:00:00
Call to Order and Roll Call 00:00:15
Department of Insurance Update 00:01:39
Department of Financial Institutions Update 00:37:07
Insurance Industry Update 00:54:50
Credit Union Industry Update 01:10:53, 958, all
Summary:
The committee met with a quorum, approved the September 16 minutes, and then received an update from Insurance Commissioner Sharon Clark and staff on the Department of Insurance. Clark reviewed department activity, including growth in premium volume and licensing, consumer complaints and recoveries, and a rise in fraud referrals. She said the department has 66 open fraud cases and described common schemes such as staged auto accidents, inflated repair or cleanup charges, and roofing scams. She also said the department’s investigators often prepare strong cases but face reluctance from local prosecutors, especially in Fayette and Jefferson counties, to pursue them.
Clark reported favorable workers’ compensation news, saying rates will decrease 9.7% next year for the 20th straight year. She contrasted that with a difficult property insurance market driven by storms, reinsurance costs, inflation, labor shortages, and litigation, but said Kentucky’s market remains relatively stable, citing the Kentucky Fair Plan’s small number of policies. She then warned of significant 2026 health insurance premium increases on the exchange: 16.1% for Molina, 23% for Anthem, and 37% for WCare, after CareSource withdrew. She said the rates were reviewed by actuaries and found fair, but that the biggest pressure point is the scheduled expiration of enhanced premium tax credits, which she said could leave about 90% of exchange enrollees facing a compounded increase.
Members questioned Clark about fraud prosecution, the number of people in commercial versus public coverage, and the impact of expiring subsidies. Clark said the prosecution issue is mainly with Commonwealth attorneys and that rural counties are more cooperative than urban ones. She also said the health market is individually rated and that older enrollees would be hit harder, while the loss of tax credits could push some people out of the marketplace. One member asked about the attorney general’s recent opinion on SB 188, the PBM bill; staff said attorneys were still reviewing it. Clark closed by noting that Kentucky’s fraud and towing/storage legislation has become a model for other states.